Splash Financial Reviews

To open an account on splashfinancial.com, follow these steps:

1. Visit the splashfinancial.com website.
2. Provide basic information such as your name, address, phone number, date of birth, and citizenship status.
3. Create a Splash Financial account with your email address and a password.
4. Start shopping for loan options. Comparing loan rates is free, and there’s no obligation to apply for any offer.
5. If you see an offer you like, submit a full loan application to begin the refinancing process.

Please note that all final offers require verified credit information which could impact your qualified rate. The information you provide is an inquiry to determine whether a loan offer can be made. If an offer is available, you will be invited to submit a loan application to the lender for its review. Checking your rate is fast, free, and never impacts your credit. Not all borrowers receive the lowest rate as advertised. Lowest rates are reserved for the highest qualified borrowers. If approved, your actual rate will be within a range of rates and will depend on a variety of factors, including term of loan, a responsible financial history, income and other factors. Variable rates subject to change. Please be advised that a lending partner who has an available loan offer for you may conduct another soft credit pull as part of its application review process. To check the rates and terms you qualify for, soft credit pull (s) will be conducted that will not affect your credit score. However, if you choose a product and continue your application, your full credit report from one or more consumer reporting agencies will be requested, which is considered a hard credit pull. To qualify, a borrower must be a U.S. citizen or other eligible status and meet lender underwriting requirements. A co-signer may be required. The borrower is required to meet applicable underwriting requirements based on specific lender criteria. Not all borrowers receive the lowest rate as advertised. Lowest rates are reserved for the highest qualified borrowers. Splash does not guarantee that you will receive any loan offers or that your loan application will be approved. If approved, your actual rate will be within a range of rates and will depend on a variety of factors, including term of loan, a responsible financial history, income and other factors. Variable rates subject to change. If you are interested in refinancing your student loans, please note the following: Refinancing or consolidating private and federal student loans may not be the right decision for everyone. Federal student loans carry special benefits. If you refinance a federal student loan with Splash Financial, you will no longer be eligible for those benefits such as public service loan forgiveness, economic hardship programs, fee waivers and rebates on the principal. Note: Medical student refinance loans are available only to borrowers who are currently in a residency or fellowship program. If you are interested in a student loan while you are in school, please note the following: Before obtaining a private student loan through Splash, you should review all of your options for a federal student loan. Many federal loans have special benefits and payment options that are not available for private loans that are made through Splash Financial. Your school does not endorse Splash Financial or its lending partners and neither Splash Financial nor its lending partners are affiliated with your school.

Splash Financial is a financial services company that primarily offers services such as student loan refinancing, personal loans, and in-school student loans. It operates as an online marketplace that provides offers from multiple lenders to refinance student loans. It's best for borrowers who want quotes from more than one lender. The company also offers a pre-qualification tool, so customers can check their eligibility and view loan rates without damaging their credit. The minimum credit score required is 650. The fixed APR ranges from 6.64% to 8.95%, and the variable APR ranges from 7.60% to 7.85%. The company offers multiple repayment options between 5 and 25 years. However, loan features vary by lender, and forbearance and death discharge may not be available. Customers may need to become a member of a credit union to qualify. The company has been praised for its easy-to-use online loan calculator and competitive interest rates. Through its partner lenders, the company offers products that can reduce the lifetime costs of student loans by thousands of dollars.

Splash Financial is a financial education and student loan refinancing company that provides online lending options to help college graduates consolidate and refinance their student loan debt. Loans are funded by banks and credit unions. It is an online marketplace founded in 2013 that offers student loan refinance loans from multiple partner lenders. It's best for borrowers who want quotes from more than one lender. The company is based in Cleveland, Ohio, and was launched because the founders saw their friends “drowning in student loan debt.”

To apply for student loan refinancing with Splash Financial, follow these steps:

1. Put in an application on Splash Financial's website. Enter your email address, name, phone number, education level, Social Security number, and income history. You'll get an estimated monthly payment and rate range with no impact on your credit score.
2. Sign the loan agreement and get your new loan. After signing your loan agreement, you may get your new loan soon after with Splash Financial.
3. Work loan payments into your budget. Figure out how to adjust your budget to fit in your new loan payments. Make sure you have enough money to cover all of your financial responsibilities.

Remember, refinancing a loan means you replace your old loan with a new one. Always consider your federal student loan options before refinancing into any private student loan, including one with Splash Financial, as you can often get better terms and protections through the government. It's also important to note that Splash Financial recommends a credit score of about 640 to qualify for a loan. So only borrowers with good credit are likely to be eligible.